Image provided by: University of Oregon Libraries; Eugene, OR
About The Sumpter miner. (Sumpter, Or.) 1899-1905 | View Entire Issue (April 29, 1903)
Wednesday, April 29, 1903 THE SUMPTER MINER 1 1 A PROMISE FULFILLED THE GOL'CONDA'S IMPROVEMENTS NEARLY COMPLETED d 1 r5 11 , 'f WHEN THE (SOLCONDA CONSOLIDATED (!OLD MINES COMPANY iiuulo Km promise to Investors last full, it intended to live up to them. When this company put itself oil record and said "WE WILL,' It mount to do those things and IT HAS FULFILLED THESE PROMISES. Never has the investing public had a bettor opportunity of putting money Into a Hrst-claas mining proposition than that ottered ly the. (SOLCONDA. From u rich mine needing Improvements It has Ihou evolved into a' great mine already entering upon its period of (1REATEK PRODUCTION. WHAT THE 60LC0NDA CONSOLIDATED GOLD MINES COMPANY HAS DONE It is not what a company promises that counts; it is what it does. The Oolcouda Consolidated (lold Minos Company does not come before. Investors now with merely what It will do. It can tell what It HAS DONE. The Milling Plant is now running to its fullest capacity 'JO stnmps.'lS Johnson Concentrators and a Rock lireaker, and It is reducing ji -iV" 100 TONS OF ORE EACH 24 HOURS ,. , . " During January the company installed an additional 80-11. P. Phoenix , Holler, equipped with a Cameron pump and an American 80-11. P. feed water heater. During January, also, was installed a 10x14 To-H. P..,;ULCAN GEARED . , HOISTING ENGINE, equipped with a HOLTHOFF INDICATOR uiul it No. a SINGLE' DECKED CAGE, hung with a 7 inch plow steel wire cable. . . , THIS HOIST HAS A LIFTING CAPACITY OF 6,000 pounds, .WO feet PER MINUTE and Is ADEQUATE TO ENABLE WORKINGS TO THE l'JOO-FOOT LEVEL. The old truck from the tram -000 feet in length--was taken out and a new track of No. l'J steel was laid and the tram has lieen carefully halasted. NEW CARS have been purchased to enable the company to carry Us ore .from the mine to the mill by the train load, thus greatly facilitating the matter of transportation. As motive power a horso or a small electric motor operated by trolley wire will bo used. ' ' Tho company has 7"0 cords of wood, 0,000 lagging ami 10,000 lineal foot of ,, , peoleil tamarack stulls on its property. - DEVELOPMENT WORK DURING THE MONTH OF JANUARY During January the following workings were driven: ' (10 feet of drift in the tunnel level; ' ' 70 feet of crosscut In the tunnel level slopes; ' ' : 15 feet of drift on the 100-foot level; ' ' 10 feet of crosscut on the 100-foot level; 'JO feci or .drift on the 200-foot level; :i() feet or drift on the HOO-foot level. The work of deep sinking will bo Voutluue.l tiluMl'lho oYoImmIIos have boon j opened to the l'J00-foot level. , GOLCONDA STOCK AND THE CONSERVATIVE INVESTOR (IOLCONDA Stock has been and Utho stoe,k of tho conservative Investor, lis tremendous improvements, its original known value and the fact that It will declare ti dividend in April, are proofs enough of its intrinsic value. Nowhere H7 tho"worjd of Investments, is stock backed by more tangible worth than It is in'thn (ioieoiula mine. This stock is COLLATERAL; it is secured by enough gold ore to pay dividends for a generation, and a milling and hoisting plant well able to turn the latent wealth Into metalic gold. . , As fiscal agent I have never hesitated in publicly expressing my utmost coulldence in the future of this great mine. 1 have always considered M hat fliiTI work iiccltmp Untied by Messrs. English and Sou was merely pielimluaryj 1 4Jfuln!or tlioli' de velopments mero scratchlngs"that pioved the value of thlspioporty. holr work made a fortune for them, but the leal values ate now being Uncovered and the enlarged plant will increase the production of this mine wlutru It will pay 'dividends com mensurate with lis mineral wealth, j, ' ' " Stockholders buying stock prior to the declaration of dividends will rccolvo their proportionate share of tho earnings. THIS IS STOCK IN A PRODUCING MINE THAT. IS ' READY' TO PAV. DIVIDENDS .Investors who rccogul.e a valuable security should procure stock NOW The ((lcouda has been brought up io an Industrial period and is in the same ranks as are tho larger and more prosperous manufacturing enterprises of tho country. If YOU wish further Information on ths mine, or wish td 'make your Investment while. Oolcouda stock remains on sale, address all communications to. tr V I. L EL EL S . O V I T T FISCAL AGENT 1l M. THIRD FLOOR MERRILL HUILDING, MILWAUKEE, WISCONSIN. New, York Office, Suite 129, 280 Broadway. Boston Office, 831 Hoard ot Trade llulldlng. Pittsburg Office, 700 Penn building. St. Ixaiis Office, -117 Odd Fellows Building. WRITE ME TO ANY OF THE ABOVE OFFICES. 1 V '